More Illinois Localities Vote For The 3% Regulated Cannabis Tax Rate
Utica sets 3% marijuana sales tax
Mayor says no dispensaries have inquired about the village
As other Illinois communities have done in recent weeks, Utica trustees approved an ordinance Thursday that places a 3% tax on the sale of any “adult use cannabis” in the village starting next year.
Village President David Stewart said state law mandates cities must establish such ordinances before Oct. 1 even if no marijuana is sold in the village or if the board decides not to allow such businesses.
“At this moment, we have no such dispensaries in town and have had no inquiries to open one,” Stewart said.
Alton approves 3% tax on legal pot sales
ALTON — Aldermen on Wednesday unanimously approved an ordinance amending the city’s municipal code to include a 3% municipal cannabis retailers’ occupation tax.
Beginning Jan. 1, 2020, people and businesses engaged in the retail sale of cannabis in Alton must remit payment to the Illinois Department of Revenue equal to 3% of their gross receipts for cannabis sales, excluding cannabis purchased under the Compassionate Use of Medical Cannabis Pilot Program Act.
Recreational Cannabis sales tax approved in Homewood